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Daily Headlines

Grain handler files complaint against CN

(Source: Reuters, May 5, 2014) TORONTO — The Canadian unit of global grain trader Louis Dreyfus Corp has filed a complaint with the Canadian government about service from the country's biggest railway, Canadian National Railway Co, following a record-breaking harvest...

As Buffett praises BNSF, customers rail against delays

(Source: Reuters, May 5, 2014) NEW YORK — What Buffett didn't mention is that a growing number of BNSF's customers say the vital artery is clogged, causing economic losses for industrial firms and farmers scrambling to get their products to market. As more U.S. goods...

Teamsters mobilize at 2014 Unity Conference

(Source: International Brotherhood of Teamsters press release, May 5, 2014) LAS VEGAS — The 2014 Teamsters Unity Conference continued on Monday, with 1,400 Teamsters coming together in solidarity to reenergize and mobilize for the coming year. The Teamster leaders,...

Canadian crude by rail exports jump 83 percent in 4Q 2013

(Source: Reuters, May 5, 2014) CALGARY, Alberta — Canadian exports of crude oil by rail rose 83 percent in the last quarter of 2013 from the same period a year earlier, Canada's National Energy board said on Monday. Full story: Reuters

BLET moves toward arbitration in SEPTA contract dispute

(Source: Progressive Railroading, May 5, 2014) The Brotherhood of Locomotive Engineers and Trainmen (BLET) has formally accepted the National Mediation Board's (NMB) proffer of arbitration regarding the union's unresolved contract dispute with the Southeastern...

Medicare for railroad families

(Source: U.S. Railroad Retirement Board press release, April 9, 2014) CHICAGO -- The Federal Medicare program provides hospital and medical insurance protection for railroad retirement annuitants and their families, just as it does for social security beneficiaries....

Warren Buffett’s Berkshire Hathaway reports 4% dip in Q1 2014 profit

(Source: Reuters, May 3, 2014) OMAHA, Neb. — Warren Buffett's Berkshire Hathaway Inc on Friday said quarterly profit declined 4 percent, falling short of analyst forecasts, as earnings from insurance underwriting declined and bad weather disrupted shipping at its BNSF...

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